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Bloomberg claimed that "Telecom Argentina and the neighborhood device of fellow Mexican billionaire Slender's The us Movil SAB (AMXL) each have about a third of your nation's wireless industry." Noting that "Fintech has investments in Argentina's sovereign debt along with in many restructured firms like a stake inside the nation's most significant cable business, Cablevisión SA," Bloomberg quoted Martínez as expressing, "We see tremendous chances for growth in the Argentine current market and so are dedicated to an essential financial investment system to take full advantage of People opportunities."[12]
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Tune into this episode to hear Anthony Ferguson, Audit Spouse and Nationwide Sector Chief with the FinTech team at BDO USA, discuss throughout the advantages and drawbacks of a few of the more recent payment technologies, and expose the one he thinks is poised to offer one of the most Rewards to both retailers and consumers alike.
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Martínez has long been described as becoming "carefully connected" for the late Argentinian president Néstor Kirchner[1] and as obtaining been a "Buddy" of Kirchner's. Based on one supply, "Any time the former president traveled to The usa, he made a spot in his agenda" for a gathering with Martínez.
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The fintech landscape is fast evolving, presenting problems and prospects in equivalent evaluate. Browse BDO’s 2024 Fintech Predictions to learn more about What to anticipate, from asset tokenization to distressed dealmaking and even more.
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His "wholesale" order of defaulted Argentinian bonds was regarded as an act of "loyalty" to Argentina by Kirchner and Other folks. Through Argentina's worst financial situations, he bought into "Practically all" with the region's significant firms, "from Telecom to Transener."[eight]
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